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319 Oliver St, New Bedford, MA 02740

3 beds • 2 baths • 2300 sqft

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This property looks like a bad Airbnb investment with a projected -17.6% first-year return on $132k initial cash invested.

-17.6%

Cash On Cash

1.64%

Cap Rate

0.29

DSCR

$2,472

Rent

-$1,935

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,472 income − $4,407 expenses = $1,935 out of pocket

Income$2,472Out of Pocket$1,935Mortgage P&I$2,577104%Property Taxes$45418%Insurance$1898%Management$37115%CapEx$994%Maintenance$994%Other$61825%

Investment Breakdown

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Purchase Price

$542k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$108k

Closing costs

1%

$5,424

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,472

Total Expenses

$4,407

Mortgage P&I

104%

$2,577

Property Taxes

18%

$454

Home Insurance

8%

$189

HOA

0%

$0

Property Management

15%

$371

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$618

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